Huawei envisions its industry-leading ICT innovations will empower industries across Europe to rapidly achieve a green and digital transformation, the company noted during the second day of HUAWEI CONNECT 2023 in Paris.
ICT Innovations Facilitate Digital Transformation Across Industries
Yang Chaobin, a Huawei Board Member and President of ICT Products and Solutions, noted how ICT innovations have reshaped all industries, with the digital economy now becoming a new engine of economic growth. After a decade of rapid progress, digital transformation has taken a central economic role and is projected to constitute over 54 percent of developed states' GDP by 2026, significantly improving productivity.
"The second wave of industry digitalization is now underway including education, healthcare, and etc. Europe has a competitive edge in these industries, and is well positioned to open up new opportunities", said Yang.
Yang went on to say that Huawei will continue to innovate in the ICT domain and "stride into the 5.5G era" to address the key requirements of industry digitalization in the next 5 to 10 years. "The digital transformation of industries creates both opportunities and challenges. Huawei is committed to developing innovative ICT products and solutions for the 5.5G era. These products feature simplified architecture, premium quality, and excellent user experience for data centers, WANs, campuses, SMEs, and more scenarios".